Why Work With a Mortgage Broker Instead of a Bank?

May 09, 2025

When it comes to getting a mortgage, many buyers start with their bank. But here’s why more and more Canadians are choosing brokers:

1. More Options. Brokers work with 50+ lenders — banks, credit unions, monolines, and alternative lenders — to find the best fit.

2. Better Rates. Because brokers negotiate in bulk, they often have access to rates the average person can't get directly.

3. Personalized Advice. Banks sell their own products. Brokers offer custom solutions based on your full financial picture.

4. One Application. Many Lenders Instead of applying at multiple banks, a broker handles it all with one application.

5. We Work for You, Not the Lender. Our job is to get you the best deal, not to meet a bank's sales quota.

For a tailored experience that saves time and money, a mortgage broker is often the smarter choice.